Great stuff. Looking forward to see it broken down further in possible steps.

If I state an idea/hypothesis, can you give me the possibility (in the LeanLab) to select

- with whom or what I want to validate this (what kind/type of person or object) - with what (interview, survey, prototype etc.) - how (interview questions, materials test etc.) - with what kind of measurement ('units', statistical validity etc.).

We Act Like It’s the
19th Century<br />Why do we need to get together in one room?<br />Why do we need to wait a month to see progress?<br />Why don’t we have standards for what you want?<br />Why haven’t we adopted the tools we build/sell?<br />

What’s Wrong With a Board
Meeting?<br />Time between meetings (every 4-6 weeks)<br />Strategy-to-tactic-to implementation lag<br />Often no follow-up on the outcomes<br />Diffuse board member attention (sits on 6-12 boards)<br />Punctuated Exec Staff Performance<br />“The Get Ready for the Board Meeting” drill<br />It’s often a performance rather than a snapshot<br />No standards for what each side does<br />What is the entrepreneur supposed to be doing?<br />What are the board members supposed to be contributing?<br />

What’s Wrong With a Board
Meeting?<br />Time between meetings (every 4-6 weeks)<br />Strategy-to-tactic-to implementation lag<br />Diffuse board member attention (sits on 6-12 boards<br />Punctuated Exec Staff Performance<br />“The Get Ready for the Board Meeting” drill<br />It’s often a performance rather than a snapshot<br />No standards for what each side does<br />What is the entrepreneur supposed to be doing?<br />What are the board members supposed to be contributing?<br />Why?<br />

Focus on What’s Important<br />It’s
about the search for the business model<br />Not income statement, cash flow, balance sheet<br />Advice/Guidance about metrics around the search<br />What are the Business model hypotheses?<br />What are the most important hypotheses to test now?<br />Progress of validating each hypotheses<br />What are the iterations and Pivots – and why?<br />

What Does this Change?For Angel-Funded
Startups<br />Angel funded startups can now get experienced advice<br />No longer requires board commitment for involvement<br />Encourages investors who need visibility<br />Ends repetition at each investor coffee<br />Turns adhoc startups into strategy-driven startups<br />Invites investor participation in the process<br />Professionalize the “throw it against the wall and see if it sticks”<br />Highly time-efficient for investor and founders<br />Eliminates Geography as a barrier to investment!<br />

What Does this Change?For VC’s
and Angels<br />For the first time a structure for “search”<br />Real-time monitoring of startup progress<br />Zero-lag for coaching and course-correction<br />Immediate follow-up on board meeting outcomes<br />Allows a single VC to multiply their reach and/or depth<br />Eliminates Geography as a barrier to investment!<br />